YEARLY HIGH
0.0548 XPF
YEARLY LOW
0.0374 XPF
YEARLY AVERAGE
0.0443 XPF

2023 BIF to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0548. Conversely, the yearly low was recorded on July 14, dropping to 0.0374.

This high-to-low spread represents a total annual volatility of 0.0174 XPF. From a start-to-finish perspective, comparing the January average rate of 0.0535 to the December average rate of 0.0383, the exchange rate registered a net change of -28.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0548 was down 9.26% compared to the 2022 peak of 0.0604, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BIF based on timing:

Yearly Peak High 274 XPF
2022 Average 278 XPF
Yearly Trough Low 187 XPF
Transaction Impact: A difference of 86.91 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0554
0.0366
JanuMarcMayJulySeptNove

BIF to XPF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0498, compared to 0.0389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.0498
H2 Avg (Jul–Dec) 0.0389

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0140 XPF (High: 0.0532 / Low: 0.0391). On the other end, October was the most stable month, with a tight range of 0.0008 XPF (High: 0.0401 / Low: 0.0394).

May Spread (Volatile) ±0.0140
October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0079 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0535) against the same month in 2022 (average: 0.0526), the exchange rate shifted by +0.0008 (+1.57%).

2023 Avg (January) 0.0535
2022 Avg (January) 0.0526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0548 0.0528 0.0535
February 0.0547 0.0522 0.0538
March 0.0544 0.0526 0.0536
April 0.0531 0.0514 0.0522
May 0.0532 0.0391 0.0468
June 0.0395 0.0383 0.0389
July 0.0389 0.0374 0.0381
August 0.0390 0.0382 0.0386
September 0.0400 0.0389 0.0394
October 0.0401 0.0394 0.0398
November 0.0397 0.0381 0.0388
December 0.0389 0.0377 0.0383